Treasure Coast Italian Pizza Restaurant

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Asking Price:
$1,200,000

Gross Revenue:
$977,656
Cash Flow:
$340,891
(Seller's Discretionary Earnings)

EBITDA:
 Not Disclosed
Inventory:
$5,000
included in asking price

FF&E:
$150,000
included in asking price

Real Estate:
 Not Disclosed

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Business Description

27 years at the same location with loyal clientele. Using only the finest ingredients available, this is the most desirable Italian Pizza Restaurant on the Treasure Coast. Full kitchen with walk-in and hood system and a separate Expo Pizza area. They say there is a lot of dough in pizza, and this place certainly shows that. Approximately $375,000 just in assets and leasehold improvements. Great website and social media presence. Only qualified buyers please, seller requests a personal financial statement and buyer profile before disclosing any information, and then proof of funds before any offer would be considered. A confidential business summary will be available after the NDA and other documents are provided to seller. Don't miss out on this one. Key employee can easily take over and run the operation, as he has done everything there is to do in the operation, for the right deal. Lender Pre-Qualified.

About the Business

Location:
Florida
Year Established:
1992
Number of Employees:
12 PT
Facilities:
Lease/Month: $5,050. Square Footage: 2,100. Building Type: Strip Plaza. Terms & Options: One 5 year option. Expiration Date: 3/31/2021. Leasehold: $225,000
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About the Sale

Reason For Selling:
Retirement
Training/Support:
Seller will train buyer for two weeks at no cost to buyer
Seller Financing:
SBA Loan: $960,000. Mos: 120. Rate: 8.25%. Mo Pmt: $11,774.6

Listing Info

ID:
1628519
Ad Detail Views:
0

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Business Listed by

Bob Leone

Acquisition Experts, LLC
License# sl3188853

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Sponsoring Broker:

Dale Armor
Acquisition Experts, LLC
License# BK602726

U.S. Census Data for Florida
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Source: Decennial Census (2010), United States Census Bureau.

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Education

Source: American Community Survey (2010-2014), United States Census Bureau.

This product uses the Census Bureau Data API but is not endorsed or certified by the Census Bureau.


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